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If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

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Income Property 60 Units 4 Sale By Owner Retiring For Sale

Location  New York,United States
Asking Price Range  $1.0M - $2.5M
Gross Revenues  $200000
Net Profit / Cash Flow  $50000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1976
Number of Employees  1 - 3
Inventory  2.5 mil
Relocatable  No
Number of Employees  1 - 3
Real Estate  Owned
Training  Yes.
Reason for Sale  Owner retiring.
Description  2.5 mil worth of 40 single family and multiple family homes in the CNY area containing 60 rental units. Turn key with management and maintenence staff in place plus includes 5k squ ft wharehouse in Eastwood. Or for better cash flow you can run it yourself. Money to be made here either by selling off properties individualy or work it for the cash flow. Owner retiring after 36 years operating rental units. Will stay on in backround as adviser and can solve just about any tenant or repair problem.Very low vacancy rate at present. Make reas cash offer under retail value of all props. Can hold morg with large down payment and good credentials. For more information please email or contact Mr. Parker at 315-863-1431.
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